What to do with idle money?

[Starmix]

What to do with your idle money? Do you have idle money? Idle money refers to money that is not actively being used or invested. It is essentially sitting around, earning nothing. Think of it like cash in a drawer or a savings account that is not growing through interest. Every time you hold onto money that is not invested, you are missing out on the potential to earn more, While some cash reserves are important for emergencies, having too much idle money can be a missed opportunity. You consider exploring ways to put your money to work through investing or saving accounts that offer idle momney, bigger interest rates.

 

[Springtime]

Actually, I do not have much idle money. Most of my money are in bank accounts or go to investment. I just keep a few thousand dollars at home for emergency or household repair work.

 

[Starmix]

It's best to roll the idle money to earn interest. We might only put it to a waste. It is essential to let the idle money to grow interest. It may double after some weeks.

 

[Min George]

Is there ever idle money? If you ever have idle money, then you are wasting that money. Such can be invested.

 

[Starmix]

In my case I do not have idle money. My money is saved and invested. It's not advisable to let your money idle You will miss the potential interest from it. You can also roll it for business.

 

[Suba]

Currently I only have cash for daily needs, every time I have idle money it will be immediately allocated to investment instruments, I even allocate excess emergency funds from the minimum amount to investments.

 

[Kera]

Money shouldn't be allowed to lie idle. It is meant to always be working. I always invest my idle funds to make more money.

 

[Starmix]

This time, people are getting smarter, they do not let their, money stay idle unless forgotten. Idle money must be rolled to earn interest.

 

[eLdavis]

Lol i don't have any kind of money like this, all my funds have a purpose, the ones that are just there, i am saving it for something or i have a target.

 

[Augusta]

I'm building my idle money for a business. I want to invest it into the business I want to owned.

 

[Starmix]

Lol i don't have any kind of money like this, all my funds have a purpose, the ones that are just there, i am saving it for something or i have a target.

I sometimes have idle money . I forget about it and after two years, I saw my money 4,000 pesos sitting prettily, well- folded on my drawer he he. I should have invested it . It might have earned some interest.

 

[eLdavis]

I sometimes have idle money . I forget about it and after two years, I saw my money 4,000 pesos sitting prettily, well- folded on my drawer he he. I should have invested it . It might have earned some interest.

Lol i have experienced this before though, i completely forgot i had the money, when i saw it by mistake i was extremely happy. It felt like i had won a lottery.

 

[Starmix]

Lol i have experienced this before though, i completely forgot i had the money, when i saw it by mistake i was extremely happy. It felt like i had won a lottery.

I also found an idle money not big only $22. I placed it in the pocket of my maong pants. I washed my clothes weekend using our washing machine. Before throwing my pants to the running water, I checked first the pockets. I found in secret pocket the money. I was over the moon for at that time I have no cash to buy fruits. It never happened again.

 

[Augusta]

Yes some people just allow their idle money sit in their accounts but it is good for a good project if the money is big enough

 

[Starmix]

Idle money must be spent for capital in a small business or invested in something that money can afford rather than sit it here prettily earning nothing,